IOTA PRICE PREDICTION
The IOTA price rocketed higher as demand for the Internet of Things (IoT) cryptocurrency jumped. The coin rose to $1.7462, which was the highest level since May 19. This rally brought the total market capitalization of IOTA to more than $3.6 billion.
What is IOTA and how does it work?
IOTA is a blockchain project that was developed in 2018. It is a relatively different project from other popular platforms like Ethereum and Polkadot. For one, it is a platform that aims to help solve problems in the Internet of Things (IoT) industry.
IOTA achieves this through the tangle, which is a directed acyclic graph (DAG) that stores transactions. The tangle technology works in a different way than how blockchain works. Transactions within te network are issued by nodes that make up the tangle graph. In this case, when a transaction arrives, it must always approve the previous two transactions.
In the past few years, IOTA has achieved several partnerships. Indeed, some of the top level companies using this network are Dell Technologies, Jaguar Landrover, TradeMark East Africa, Zebra, and Ensuresec. Indeed, recently, we wrote about the deal between IOTA and TradeMark that will help streamline business within the East African Community.
IOTA price prediction
The daily chart shows that the IOTA price declined substantially in July, reaching a multi-month low of $0.5675. Since then, the coin formed an inverted head and shoulders pattern, which is usually a bullish sign.
The upward momentum of IOTA gained steam in the overnight session as it rose above the 25-day and 50-day moving averages. The two lines of the MACD have also been in a strong bullish trend.
Therefore, the coin will likely keep rising as investors target the key resistance level at $2.7284. This is a notable price that is its all-time high and is about 60% above the current level.
Moving Average Convergence / Divergence (MACD)
XELA looking hot!Waiting for more volume, overall this stock looks hot to me, keep it on your watchlist
and tell me what is your opinion on comments
DCT Launching?NASDAQ:DCT looks like it is ready to launch into a breakout. MACD just turned positive with a very bullish bar on Friday. Both the 20 and 50 EMAs are accelerating upwards together and Friday gave us the highest closing bar in months.
Mad hidden divergence on the 8 hour DOGE chart 8 hour Doge chart has hardcore hidden divergence on the MACD and the RSI. It either needs to turn up fast and hard or it will probably continue to come down to $0.26 or lower. My thoughts are lower maybe even to $0.24ish to be make up for this divergence. Another possibility is that this will be the last Dip before the big run and will be a wonderful buy opportunity!
BAT with explosive moves today! Here is my point of viewBAT/BTC, which is an amazing pair to trade, has very recently made some extremely bullish and wild moves. Keep an eye on the 30-min or 45-min MACD, and its quite possible that
instead of crossing bearish (Signal line down over MACD line), the lines, which are currently pinched closed, will open up again and it will take off and make another upward run.
What does it mean when the MACD line and the Signal line open up? This means the start of an increase in momentum.
Here is the chart, so I can show you what I'm describing:
ADA, To face a strong resistance, We are prepared in advance !ADA made a new All Time High? does it go Higher? It will face some problems soon.!
ADA is facing a strong resistance zone around 2.6 to 2.85 USD while BTC is facing 51000 resistance. A possible considerable decline may be on the way soon in whole cryptocurrency market .
Mentioned decline may at least push down ADA back to 1.6 to 1.8 USD corresponding to 0.618 and 0.5 Retracemenet Fibonacci levels respectively. More decline may happen but we just simply skip that scenario for now. Should it need any update we can do it later.
Both MACD and RSI indicators show strong bearish divergence with price. This is a considerable bearish warning which is certainly worth to be considered.
We are prepared in advance and never get shocked by the market.
Good luck my friend.
SUSHI/USD looking good to me... Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... At this time, I do own a small amount of this coin!
I'm looking at the daily chart and putting on my version of the RSI, and yes, it has a lower lowered, but it's still hodling the overall trend. With my version of MACD, it's still red, but I'm looking at the bars at the top, it's popping out of the "Linear Regression," my look back is the last 100 days and 10 days, and I'm using Linear Regression as support and resistance.
And looking at the 1H chart, it looks even better to me!
Looks like there is more blood to come on Bay St Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI.
Since the 11th, it has been heading down very fast, and with my version of MACD, it's still looking like it's not slowing down for at least a couple of days.
And using "Linear Regression," my look back is the last 100 days and 10 days, then 10 days is heading lower of the 100 days, and I'm using Linear Regression as support and resistance.
MATCH THAT MONEYToday I will be analyzing Match Group. For everyone who doesn’t know this company, they are creating and managing many dating platforms one of their well-known is Tinder. Cash flow comes from subscriptions (like Tinder Plus) and other services.
Buy Signal
-support at 129.46$ (3 times)
-daily RSI oversold area
-daily MACD indicates slowing selling pressure
-current price is below analyst estimates ->>> TipRanks: „The average price target is 175$ with a high estimate of 190$ and a low estimate of 148$.
-Bumble (same industry) reported a good quarter a few days ago-> positive momentum
Sell Signal
-under the SMAs
-RSI/MACD weekly+monthly indicate a downtrend!!
-misled earnings by -15%
-potentially Delta-Virus results in new lockdowns
Conclusion
I think this is a great company with a nice discount, in addition, the Wall Street/analysts like the stock too if we look at what %-rates the stock recovered from the March Lows that makes total sense.
So, I would be willing to buy at the support of 129.46$ (109,90€) with a tight stop loss of 122.18$ (108.82€) and a price target of 145$ (123.06€) which would be a +11.79% return. This number is approximately the mid of the parallel channel but at the same time I took it because of the past reaction contacted support line where it every time bounced 11.79% up in just 3-4 days which indicates the importance of this line.
AUDNZD Falling wedge pattern and difference 😎😉analysis:
-on 1D time frame we show a difference on MACD and a Golden Cross
-on 4H time frame we show Falling wedge pattern
and show a difference on MACD and RSI
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom , Head and Shoulders , and others.
Targets:
TP1@1.05330
TP2@1.05900
TP3@1.06400
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#EURUSD differenc to where 😉👌analysis:
-on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross
-on 4H time frame we show a bearsh channel I think it could break up that channel
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom, Head and Shoulders, and others.
Targets:
TP1@1.18400
TP2@1.18800
TP3@1.19000
For more analyzes and our encouragement do not forget:
-Follow us
-Support us with the like button 👍
-Write a comment
UK100 - A major breakout imminent?The UK100 is closing in on 7,200 and approaching levels not seen since the start of the pandemic.
This isn't the first time the index has eyed up this level in recent months but in the past it has failed to break through in any significant way - it briefly touched 7,217 a couple of months ago before reversing course - and each time a corrective move has followed.
This has left the FTSE trading between 6,800 and 7,200 since April but that could all be about to change.
While we may see some profit taking on approach, the MACD and stochastic suggest there's plenty of momentum still in the rally that could carry it to levels not seen in 18 months.
If we do see some profit taking, the rising trend line below could be interesting support if the rally is going to continue. A move below this would suggest a larger correction may be on the cards.
The MACD explained ! All you need to know about it Hello everyone, as we all know the market action discounts everything :)
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In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a trend-following momentum indicator (so a momentum indicator is a technical analysis tool that allows us to determine the strength or weakness of a stock's price movement )
There are a lot of people that use the MACD when they analyze charts because it's very simple and it's very good but I always say never just use 1 indicator to analyze a chart, always try to use at least 3 this way u can make sure that the result is more accurate and the market most likely to move as u analyzed.
let's look at the theory behind the MACD before looking at a real-life example and how to identify buy and sell signals using this indicator :
The typical settings for the MACD are 12 26 and 9.
The MACD consist of 4 parts :
1) Zero line
2) MACD line
3) Signal line
4) Histogram
We start off with our zero line and this is where the MACD line and the signal line move around and basically so if the MACD is trading above the 0 line then it's bullish and if it's under then it's bearish.
Then we have the MACD line and it comes from the 12 26 section, and it gets calculated by subtracting the 26 EMA of the price out of the 12 day EMA of the price.
And after that we have a second line that gets plotted from the 9 section so basically, it’s a moving average for the MACD line so it tries to smooth the MACD line and give us some signals and it's called the signal line.(it's called a signal line because that's where we get our buy and sell signals from)
So on top of that, we have another part in this indicator which is called the histogram. So this histogram job is to show how close these lines will crossover, so when the distance between the MACD line and the signal line is far the histogram gets bigger and bigger.
So how do we use this indicator :
1) Crossovers between the MACD line and the Signal line.
* When the MACD line crosses above the Signal line then its a buy signal (Bullish Crossover)
* When the MACD line crosses below the Signal line then its a sell signal (Bearish Crossover)
2) The Histogram .
A lot of people use histograms as a way to predict when a reversal will occur.
We know that the MACD is a momentum indicator so it can show us when sell pressure is low. And that means it might be a good time to buy. And It can tell you when your long position is about to run out of steam and when you should exit.
3) Divergences between the MACD and the Market Price .
A Divergence means that the indicator is not moving in sync with the Market Price and a Reversal could happen (Note that Reversal trading is risky so please calculate your risks before using this Strategy)
always remember that :
Bullish divergence is when the Market price is going down but the MACD is going up.
Bearish divergence is when the Market Price is going up but the MACD is going down.
I hope I’ve made the MACD easy for you to understand and please ask if you have any questions .
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts and The RSI. links will be bellow